Risk and valuation analysis of the El Torno Project |
Status Risk : Past producer |
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Title(s) of the El Torno Project |
| Soltera Mining Corp. |
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Title | Company Profile | All Projects | Company website | Company project page |
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Soltera has an agreement with the titleholder that includes payments totaling US$350,000 to June 2010 and an obligation to spend US$1 million on exploration during the first two years of the agreement. Various additional payments can be made to extend the exploration period, and Soltera has an option to acquire additional mineral titles |
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Location of the El Torno Project |
The El Torno project is located in the Andean Cordillera in the extreme north-west of Argentina near the international border with Bolivia. The region is at altitudes around 4,000 m and the nearest permanent habitation is the village of Santa Catalina village about 20 km to the east. The property consists of five mining rights covering a total area of 7,900 hectares
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History of the El Torno Project |
Historically, El Torno is a large gold-rich quartz vein up to 14 km long and 14 m wide that was worked by the Incas, Jesuits and Spanish and has more than 1,000 m of underground galleries. The vein extends north-south, is sub-vertical, and is accompa more...
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